Myanmar opening its doors wider

Revised investment laws in Myanmar have been welcomed as offering greater opportunities for Thai companies of all sizes to move into wholesale and retail businesses across the border.

Pakainay Leng-ee, minister counsellor at the Thai embassy’s office of commercial affairs in Yangon, yesterday said Thai companies could have ownership in wholesale and retail businesses of up to 100 per cent in Myanmar or create joint ventures with local partners.

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Wichit Chaitrong